Latest news with #media
Bloomberg
an hour ago
- Politics
- Bloomberg
Here's Who Could Replace Japan's Ishiba If He Resigns
Embattled Japanese Prime Minister Shigeru Ishiba is facing speculation that his days are numbered after facing a historic defeat in the upper house election on Sunday. So far he's denied local media reports that he will be resigning, but reports have said he could announce his resignation as soon as this month to take responsibility over the electoral losses.
Reuters
2 hours ago
- Business
- Reuters
Canal+ gets conditional approval for MultiChoice takeover
JOHANNESBURG, July 23 (Reuters) - South Africa's Competition Tribunal has approved France's Canal+ (CAN.L), opens new tab 35 billion rand ($2 billion) takeover offer for TV broadcaster MultiChoice (MCGJ.J), opens new tab, subject to agreed conditions, the companies said on Wednesday. The deal marks a watershed in Africa's media landscape, potentially reshaping the continent's broadcasting system. It signals a strategic consolidation aimed at countering global streaming giants such as Netflix. The deal is transformative for Canal+ as part of its expansion in Africa, particularly in English-speaking regions, while for MultiChoice, it will provide much-needed capital to supercharge its local content and innovation. Canal+, which spun off from parent company Vivendi ( opens new tab in December, made a firm offer last year of 125 rand in cash per MultiChoice share that it does not own, valuing MultiChoice at about 55 billion rand. The agreed conditions include a package of guaranteed public interest commitments proposed by the parties. The package supports the participation of firms controlled by Historically Disadvantaged Persons (HDPs) and Small, Micro and Medium Enterprises in the audio-visual industry in South Africa. "This package will maintain funding for local South African general entertainment and sports content, providing local content creators with a strong foundation for future success," the companies said. ($1 = 17.5543 rand)
SBS Australia
3 hours ago
- Business
- SBS Australia
SBS shortlists proponents to proceed to next stage for Western Sydney production hub location
SBS has today confirmed that it has shortlisted a number of the proposals received in response to its recent Request for Expressions of Interest (EOI) process for the future location of its planned new production hub and talent incubator in Western Sydney. The shortlisting marks a key milestone in the project, with the shortlisted proponents now invited to participate in a Request for Proposal (RFP) stage, the next step in determining the final proposed location for SBS's new world-class production facility in one of Australia's most dynamic and diverse regions. The EOI process attracted a range of high-quality submissions from across Western Sydney. Each was carefully assessed against SBS's functional and strategic requirements, including the ability to support a state-of-the-art television, digital, and audio production facility, as well as strong alignment with SBS's mission to reflect and serve diverse Australian communities. SBS Chief Technology Officer Darren Farnham said: 'We're incredibly encouraged by the calibre of responses received and the shared vision for building a truly distinctive and impactful SBS presence in Western Sydney. This next stage brings us closer to creating a production hub that will amplify First Nations and multilingual voices, support new content partnerships, and foster the next generation of diverse media talent.' SBS Western Sydney Project Director Simon Hayes said: 'The shortlisted proposals represent exciting potential to deliver on our ambition for a vibrant, fully accessible, future-facing media hub. The RFP stage will allow us to further explore how each potential premises can support SBS's specialised and highly technical operational needs and community impact objectives.' SBS intends on selecting a preferred location in late 2025, subject to the outcomes of the RFP stage and various approval processes. This will support the submission of a detailed business case to the Australian Government later this year as part of the project funding consideration process. The new SBS Production Hub will become a home for more distinctive SBS content – spanning news and current affairs, First Nations storytelling, multilingual programming, and community-led productions – while also creating local employment and education pathways. More information on the SBS Western Sydney Production Hub project is available at: For a pdf copy of this media release, click here.
Yahoo
3 hours ago
- General
- Yahoo
Scotland's papers: Police 'ring of steel' for Trump and Osbourne tributes
More from Scotland's papers The Herald The Scotsman Daily Record The Scottish Sun Daily Mail Scottish Daily Express The Times The Telegraph The National The Courier The P&J Glasgow Times Edinburgh News
CTV News
3 hours ago
- Entertainment
- CTV News
Splash pad fun + Putting your own spin on it + One size fits all
Calgary Watch We take a look at the lighter side of the news and what's trending online and on air.
